Author: SGB Media

Salewa North America Appoints Drew Saunders As Country Manager

November 6, 2018 SGB Update

Salewa North America, which operates the Dynafit, Salewa, Wild Country and Pomoca brands in the U.S. and Canada, has announced promotions within its North American leadership team—Drew Saunders has been named country manager, while Ross Herr was named sales and marketing manager

Diamond Brand Gear Promotes Lauren Rash To COO

November 6, 2018 SGB Update

Diamond Brand Gear, an American legacy in domestic outdoor gear manufacturing since 1881, has announced the promotion of Lauren Rash to COO. Previously VP of operations for Diamond Brand Gear, Rash has been with the brand since 2016, where she has excelled at manufacturing planning, product design, quality control and operations.

DSW, Authentic Brands Group Complete Acquisition Of Camuto Group

November 6, 2018 SGB Update

DSW Inc. on Tuesday said it has completed its previously announced acquisition of the operations of Camuto Group, the product design and brand development organization best known for the successful Vince Camuto brand and the footwear licenses of Jessica Simpson and Lucky Brand.

Under Armour Faces #MeToo Moment

November 6, 2018 SGB Update

Under Armour in a letter to employees vowed to shore up its culture after the Wall Street Journal came out with an extensive report on years of sexual misconduct at the firm, including a past practice of letting employees expense strip club visits.

Fanatics Terminates Nascar Deal

November 5, 2018 SGB Update

Fanatics has terminated its ten-year trackside sponsorship deal with Nascar six years early as a result of low race attendances, according to a report from Sports Business Daily.

Gaia Widens Loss In Q3

November 5, 2018 SGB Update

Gaia Inc. on Monday reported a loss for the third quarter ended September 30 of $10.3 million, or (0.58) cents per share, compared to a net loss of $5.2 million, or (34) cents per share, in the year-ago quarter, and missing analysts’ consensus estimates by 15 cents.

Retail Reports Roundup

November 5, 2018 SGB Executive

Retail studies arrived on increasing rates of discretionary spending online, online personalization disappointing consumers, disconnects around consumers pricing perceptions, unplanned absence creating selling floor shortages, and rewards members desire for cash.

Clarus Raises EBITDA Margin Outlook On Record Sales In Q3

November 5, 2018 SGB Update

Clarus Corp. on Monday raised its EBITDA margin outlook to 9.5 percent from 8.5 percent after the company reported sales for the third quarter ended September 30 jumped 22 percent to a record $55.7 million, which also beat Wall Street targets by $2.5 million.

361 Degrees Launches Retail Racing League

November 5, 2018 SGB Update

Kicking off mid-2019, the league will be comprised of teams from run specialty retailers who will compete at local races over an eight-month period to win the opportunity to run the final race in early 2020 and take home the coveted $50,000+ prize purse.

Darn Tough Vermont Appoints Reps For Southern Region

November 5, 2018 SGB Update

Darn Tough Vermont, the maker of performance outdoor and lifestyle socks, announced that effective immediately Apex Outdoor Sales is responsible for representing the Darn Tough brand covering all channels servicing Texas, Arkansas, Louisiana, and Oklahoma (TALO).

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